Is it that Aero, Arik are leprous or credible investors are not interested? Business Hilights Jan 22, 2019 For more than two years since capital squeeze landed former leading domestic aviation giant, Aero Contractors into the hands of…
Lack of good offers delaying sale of Arik, Aero—AMCON Business Hilights Nov 19, 2018 The Asset Management Corporation of Nigeria (AMCON), has hinted that though there had been several investors both local and…
More confusion as Polaris Bank MD differ with AMCON on tenure, sale Business Hilights Oct 12, 2018 Barely one week after the managing director of defunct Skye Bank, now Polaris Bank, Mr. Tokunbo Abiru said in Ibadan that his…
FG still looking for initial $300m for Nigeria Air as AMCON keeps mute on 2 airlines Business Hilights Aug 30, 2018 The initial pomp and pageantry that greeted the unveiling of Nigeria Air name and logo recently at the London Air-Show may be…
AMCON boss seeks economy shift from resource-based to knowledge-driven Business Hilights Jun 1, 2018 The managing director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has made case for the complete switchover…
Unpaid debts of over N20bn forces AMCON to override Stella Oduah’s oil firm, others Business Hilights May 21, 2018 Due to an unpaid debt of about N20 billion, the Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil…
PAN grows revenue by 65% after AMCON’s takeover, revival, handover to new mgt Business Hilights May 7, 2018 Indications have emerged showing that debt-bugged companies that were taken over and revived by the Asset Management Corporation…
Arik Air, Aero Contractors can take back their firms after debt recovery—AMCON Business Hilights May 3, 2018 The Managing Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has opened up on the fresh terms and condition…
AMCON boss at Lecture, seeks CBN’s kind of monitoring on banks’ for local airlines Business Hilights May 1, 2018 Barring any last minute change, airlines may soon be monitored the way and manner the Central Bank of Nigeria (CBN) is on the toes…
Aero Contractors’ MRO facility can make the difference for W’Africa—Balami Business Hilights Jan 15, 2018 A former President of the National Association of Aircraft Pilots and Engineers (NAAPE), Engineer Isaac Balami, has opened up on…